Hello my Friends Traders and Interested, additional to my bigger Picture TA ( DAX ) from February, here a smaller picture. I do see - as the real start of the incomming long bear market - a nice H & S formation. All lines in chart, I will update this frequently. As always, no trading advice, just educational. Trade safe and on your own research. Bye ,...
Hello my Friends, Traders and Interested, here my Idea about the actual world economic situation, the DJI as example. Last month, I did a similar TA with the German DAX index. I think we are at the top of Bulls nearly neverending run. The Lines: Black channel: ascending channel since last economic crisis from 2008 until today. Wave D: last upper wave in this...
Hello my Friends, Traders and Interested. Herewith again a new update to DEU 30 (German Dax INDEX). First, a big picture to illustrate what has happened in the past years. Let's first take a look at the pink ascending channel. As you can see I draw two upper lines, a pink and a red one. Why? We saw from Oct. 2014 to March 2015 a very strong bullphase that...
Hello my Friends, Traders and Interested, long time ago since I did my last TA. Much work and a bit tired of trading past weeks. But now back in into the scene. Today I will give you my view on the crypto market. I will show you, based on 3 cryptos, what I think might happen. For all HODLERS, better not watch, or do it and maybe leave this sinking ship. As you...
Hello Friends, Traders and Interested, at first I have to say sorry, because I was away from TV here for nearly one month. Much work and other things didnt allow me to update my TAs here. But I am back now. And my first TA now - after this timeout - is BTC. Okay, into the chart.............. At first an explanation. The blue lines show a big descending channel...
Hello Friends, Traders and Interested, as I promised in my past TA ( I am really a bit proud, this TA works quite good, .....sorry for the bulls of course) now an update to BTC. So, we ve seen BTC falling quite hard today. It s broken under my two support lines, shown in my past TA. And I said, if we should fall under these lines I will be here to post an...
Hello my Friends, Traders and Interested, again a quick TA to BTC. My past TAs went quite good, so I will show you again a new TA here. Okay - into the chart, Where are we now? After a quite boring weekend with lots of sideways no-action we started to move into a small downtrend channel ( pink channel lines ). Today we broke out upward. This is a often ( or...
Hello Friends, Traders and Interested, here my first TA according to EURUSD. My last TA according to BTC is still valid, because I showed there also a bigger picture and nothing important changed. Okay, away from BTC, lets go into the EURUSD 1 - day chart. At this very moment we are near to a small reversal of the past weeks bear trend. I think the target will...
Hello Friends, Traders and Interested, just a quick TA to BTC, because weekend is near over. We saw a quite typical weekend behaviour of BTC. Low volume of course and a bit uptrend. But what does it mean for the next days? Hmmmm, difficult. Yes BTC broke upwards through a bigger uptrend resistance line. But its BTC, this could mean all or nothing. In my shown...
Hello Friends, Traders and Interested, I think its time for a little update to BTC. Lets see the chart. I think BTC is again near to an important "decision". As you can see in the cart, we are inside an ascending wedge inside a bigger bearish channel. BTC tried to fall down from this ascending wedge yesterday and today, but not with "enough" power ( volume /...
Hello Friends, Traders and Interested, with this TA I will show you a possible incomming reversal of the long trend bullish Ni225 market. Into the chart: We see a nearly textbook ascending megaphone ( or broadening ) pattern. The last upwave scratched the top line of this pattern and might act as the long-term top. After this last top we saw a fast drop to...
Hello Friends, Traders and Interested, a very quick TA here according to NI225. We might see a H & S forming on the 15 min. - Chart. All important lines in chart. If this H & S will work, short entry after retest of the neckline. BTW. if this H & S works, we would fall out of the big uptrend channel ( red lines ). This could be a sign, that the past bullish...
Hello Friends, Traders and Interested, just a very quick TA to BTC. Nice to see, especially in the crypto - chat, how many people shout out we will soon moon, just because BTC just went up a little bit. 1. Weekend pump, often seen 2. Whales games, to bring the people go leveraged long But the most important thing, from the technical analysis point of view:...
Hello again to my Friends, Traders and Interested, my past TA was quite good and showed well what has happend the past days. We are again in a bearish trend. As you can see in the chart, we crossed three times a possible uptrend support line ( pink). Now, due to the often seen weekend pushings, I expect a little rebound, as seen throughout the past outbreaks. But...
Hello Friends, Traders and Interested, BTC showed us a really bullish week. And I was really optimistic, that this could be the entering-point for a big bull attack. I know, my past TAs were most bearish, although I am absolutley not a bear. But the big picture (Week and Monthly chart) was very bearish until April. And still, BTC is not out of new bearish...
Hello Friends, Traders and Interested, Today you can see,my past TA (yesterday) was correct, after the false breakout of the ascending wedge we saw the fall and than the outbreak under the bottomline. The last 2 hours we saw a quick and powerful small Bullrun. And now, again be careful. I do not think that this is the start towards 10 k. More I see, that this...
Hello Friends, Traders and Interested, the past days we saw ( and still see) an impressive Bullrun. But, we are IMO inside a rising wedge. This pattern normally describes a bearish behaviour. And now BTC broke a bit over the top - line. This behaviour ( break out of the top line at the end of the wedge) is very common and indicates the last high. Often, this...
Hello Friends, Traders a´nd Interested, A quick update to BTC. Into the 4-Hour Chart: The actual Bullrun seems to get weak and so I started to think, what might happen the next days. As you can see in my chart, BTC might work on an H & S formation. This possible H & S could bring us again to the so often here on TV discussed 6.5 K Level. This would mark an...